Asset Protection

As businesses reopen, there is fear that customers will sue you if they get infected after visiting your business.

This fear is not unreasonable. The US court system is not reasonable. It’s unpredictable. The targets of these lawsuits will lose or settle even though it will be impossible to prove exactly when or where a person became infected with C-19.

[Read more…] about Covid-19 Lawsuits

A local LLC helps mitigate risk, increases asset protection, and helps comply with local business laws.

[Read more…] about Why have a local llc?

The days when a trust or LLC could completely hide your identity are gone. Registered agents, trustees, and bankers are all required to know who is the “natural person” (human being) behind an entity. These “know your customer” laws require knowledge of who owns, or establishes, an entity.

[Read more…] about Ultimate secrecy (not gonna happen)

Asset protection is not about hiding money and tax-dodging schemes.

[Read more…] about Not tax evasion

If you are the only person in charge of your trust, a judge can order you to hand over the trust assets to your creditors.

[Read more…] about Why can’t I be the only person in charge of my asset protection trust?